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Aapico Hitech PCL (BKK:AH) Equity-to-Asset : 0.45 (As of Mar. 2024)


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What is Aapico Hitech PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aapico Hitech PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿11,433 Mil. Aapico Hitech PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿25,477 Mil. Therefore, Aapico Hitech PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.45.

The historical rank and industry rank for Aapico Hitech PCL's Equity-to-Asset or its related term are showing as below:

BKK:AH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.43   Max: 0.56
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Aapico Hitech PCL was 0.56. The lowest was 0.33. And the median was 0.43.

BKK:AH's Equity-to-Asset is ranked worse than
52.65% of 1320 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BKK:AH: 0.45

Aapico Hitech PCL Equity-to-Asset Historical Data

The historical data trend for Aapico Hitech PCL's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aapico Hitech PCL Equity-to-Asset Chart

Aapico Hitech PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.33 0.38 0.38 0.43

Aapico Hitech PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.42 0.41 0.43 0.45

Competitive Comparison of Aapico Hitech PCL's Equity-to-Asset

For the Auto Parts subindustry, Aapico Hitech PCL's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aapico Hitech PCL's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aapico Hitech PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aapico Hitech PCL's Equity-to-Asset falls into.



Aapico Hitech PCL Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Aapico Hitech PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=10832.074/25293.297
=0.43

Aapico Hitech PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=11432.893/25477.489
=0.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aapico Hitech PCL  (BKK:AH) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Aapico Hitech PCL Equity-to-Asset Related Terms

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Aapico Hitech PCL (BKK:AH) Business Description

Traded in Other Exchanges
Address
Tambol Ban Lane, 99 Moo 1 Hitech Industrial Estate, Ampur Bang Pa-in, Ayutthya, THA, 13160
Aapico Hitech PCL is a manufacturing company. The business activity of the firm is organized into business units based on their products and services and has three reported segments which are the Manufacture of auto parts; Sales of automobiles and the provision of automobile repair service; and Others. It manufactures products such as Jigs, Stamping dies, and Original equipment manufacturing auto parts, including Floor parts, Cross members, Pillars, Brackets, Clips, and Fuel tanks. Geographically the firm has its presence in the region of Thailand, China, Malaysia, and Portugal from which it derives the majority of its revenue from Thailand. Most of its revenue is derived from the Manufacture of automobiles assembly tools and parts segment.

Aapico Hitech PCL (BKK:AH) Headlines

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